TSX futures muted ahead of Bank of Canada rate decision

Investing.com - Futures linked to Canada's main stock index pointed slightly lower on Wednesday, as investors eyed a fresh climb in oil prices and prepared for a key Bank of Canada interest rate decision. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » By 08:11 ET (12:11 GMT), the S&P/TSX 60 index standard futures contract had dipped by 2 points, or 0.1%. An attack on a refinery in Saudi Arabia sent oil prices jumping by more than $2, once again reviving concerns over a widening Middle East conflict. The Bank of Canada is expected to raise rates for the first time since July 2023 in a bid to quell energy-fueled inflation.